CFPB Monitor
JANUARY 21, 2021
The FHA mortgage loan eligibility for such individuals is based on HUD waiving the following provision in HUD Handbook 4000.1: “Non-US citizens without lawful residency in the U.S. To avoid confusion and provide needed clarity to HUD’s lending partners, FHA is waiving the above referenced FHA Handbook subsection in its entirety.
CFPB Monitor
JULY 5, 2022
In response to a request from three Democratic House members, the GAO recently issued a report on its review of fair lending oversight conducted by the Office of the Comptroller of the Currency. These changes contributed to fewer annual fair lending examinations and deficiency findings leading to matters requiring attention at smaller banks.
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Abrigo
NOVEMBER 18, 2016
In a survey of community banks and credit unions at the 2016 Sageworks Risk Management Summit, 42 percent of respondents said Commercial Real Estate, or CRE, lending was their primary focus for loan portfolio growth. For many, commercial real estate lending may be the ticket. This reflects a larger industry trend.
Abrigo
JUNE 17, 2015
Like other types of lending, banks must remain cautious to avoid too heavy of an agricultural concentration or too much lending within a certain ag segment. The challenge is that market conditions in this type of lending tend to be volatile. Without diversification, risks will be expounded.
Abrigo
DECEMBER 29, 2014
Institutions can gain more insight into sub-segmented performance, conduct more sophisticated loss methodologies such as migration analysis and can make better-informed lending decisions over time. ” The ability to adequately meet ALLL, stress testing and other risk management requirements relies upon sound segmentation practices.
Abrigo
JUNE 12, 2015
The increased ag lending was driven by higher borrowing for current operating expenses and livestock purchases. Adhering to prudent lending practices and regulatory guidance can help manage losses, according to the Office of the Comptroller of the Currency, or OCC.
Abrigo
AUGUST 3, 2017
Published this robust handbook on May 1st to guide the application process The small but notable increase in de novo bank formation activity suggests that the FDIC’s changes are being well received. Organized training conferences to improve the “coordination among state and federal banking agencies in the review of applications” 4.
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